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Judy Shelton: Congress Has a Stake in the Dollar’s Integrity

The Fed’s independence gives Americans no democratic recourse when the currency is debased. Who is responsible for the value of the U.S. dollar? A cardinal rule among American practitioners of fiscal and monetary policy is that Treasury officials don’t discuss monetary policy and Federal Reserve authorities don’t discuss exchange rates. So

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Posted: May 17, 2022 Tuesday 06:15 PM